UW Regents approve budget with tuition-forgiveness program
4 years, 4 months ago

UW Regents approve budget with tuition-forgiveness program

Associated Press  

MADISON, Wis. — The University of Wisconsin Board of Regents on Thursday unanimously approved a state budget request that would increase spending by 3.5% in each of the next two years, create a new program to cover the tuition of lower-income families and borrow up to $1 billion to mitigate losses caused by the coronavirus pandemic. UW’s interim president, former four-term Republican governor Tommy Thompson, vowed to advocate strongly for the budget, which would increase spending by nearly $96 million in the budget that begins in July 2021. Thompson said the new budget request adding nearly $96 million after taking $120 million in cuts so far this year would “get us back close to even.” Allowing UW to join other major universities in being able to borrow money to get through the temporary budget shortfalls caused by the pandemic would be a substantial tool to get through this period, Thompson said. The University of Wisconsin.” The centerpiece of the budget proposal is the Wisconsin Tuition Promise, a pledge to pay up to four years’ worth of tuition and fees at any UW campus for incoming state resident freshmen and transfer students whose families make $60,000 or less.

History of this topic

Wisconsin governor vows budget veto if GOP cuts diversity funds from university system
1 year, 6 months ago
Republican lawmakers propose limiting UW tuition increases
1 year, 9 months ago
Governor’s budget risks Wisconsin university tuition hike
1 year, 10 months ago
New UW president wants to continue tuition freeze
2 years, 6 months ago
Republicans vote to end 8-year UW tuition freeze
3 years, 6 months ago
Highlights of Gov. Evers’ $91 billion state budget plan
3 years, 10 months ago
Thompson wants $95.7 million boost for UW in state budget
4 years, 4 months ago

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